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Helping thy neighbour: productivity, welfare and international trade
Nahuis, Niek; Geurts, Ben - EconWPA - 2004
productivity growth on welfare do not only exist in theory. Empirically, we find significant and large terms of trade effects. Our …
Persistent link: https://www.econbiz.de/10005124907
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Do asymmetric terms of trade shocks affect private savings in a transition economy?
Chowdhury, Abdur R. - EconWPA - 2003
This paper examines whether terms of trade shocks have an asymmetric effect on private savings in transition economies … of nature, savings rates can be sensitive to favorable movements in the permanent component of the terms of trade. This … effect on private savings, the magnitude of the effect is relatively small. The results are robust for alternative estimators …
Persistent link: https://www.econbiz.de/10005125030
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IS INFLATION ALWAYS AND EVERYWHERE A NON-MONETARY PHENOMENON: EVIDENCE FROM UGANDA
David, KIHANGIRE Asiimwe; Albert, MUGYENYI - EconWPA - 2005
This paper examines the determinants of Uganda’s inflation rate during 1994M7-2005M6. We test the central hypothesis that Uganda’s inflation rate is always and everywhere a non-monetary phenomenon. A theoretical background relating inflation to monetary and other non-monetary factors is...
Persistent link: https://www.econbiz.de/10005125496
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Output Fluctuations in Latin America: What Explains the Recent Slowdown?
Herrera, Santiago; Perry, Guillermo; Quintero, Neile - EconWPA - 2000
The object of the paper is to explain Latin America’s growth slowdown experienced in 1998/99. To do so we used two complementary methodologies. The first one aimed at determining how much of the slowdown could be explained by specific external factors, namely, the terms of trade, international...
Persistent link: https://www.econbiz.de/10005126407
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International-price and terms-of-trade effects on factor productivity: international comparisons
Sfreddo, Claudio - EconWPA - 2004
In this paper, we present a technique to decompose changes in factor prices into the contribution of major determinants, namely movements in domestic and international prices, changes in capital and labour quantities, and technological progress. This is done in an open-economy framework. While...
Persistent link: https://www.econbiz.de/10005408035
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The commodity terms of trade and their strategic implications for development
Ocampo, José Antonio; Parra, María Angela - EconWPA - 2004
Although the empirical literature is not unanimous about the existence of a continuous long-term deterioration in the terms of trade for commodities (the original and most common formulation of the Prebisch- Singer hypothesis) and, hence, about the possibility of inferring their future behaviour...
Persistent link: https://www.econbiz.de/10005556455
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THE TERMS OF TRADE FOR COMMODITIES IN THE TWENTIETH CENTURY
Ocampo, Jose Antonio; Parra, Maria Angela - EconWPA - 2004
This paper looks at the evolution of the terms of trade between commodities and manufactures in the twentieth century. A statistical analysis of the relative price series for 24 commodities and of eight indices reveals a significant deterioration in their barter terms of trade over the course of...
Persistent link: https://www.econbiz.de/10005119305
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Refuting the Trade Deficit Rationale
Mills, W. Raymond - EconWPA - 2004
Commission. 'The savings shortfall argument falsely presumes that causation goes from savings to the trade deficit'. The savings … shortfall argument is support by nothing more than reasoning by analogy from the pre-trade closed economy. The equation Savings … equal Investment plus the Trade Deficit cannot be reasonably interprepted as a closed system. Factors outside this equation …
Persistent link: https://www.econbiz.de/10005062657
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MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT
Dr.VSR.Subramaniam - EconWPA - 2005
). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …
Persistent link: https://www.econbiz.de/10005408439
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ACCELERATE YOUR SOCIO-ECONOMIC DEVELOPMENT – AN ECCENTRIC BICIRCUALR MODEL & SOLUTIONS.
SUBRAMANIAM, DR. VSR. - EconWPA - 2004
linking Domestic Investment with Domestic Saving Potential (Entrepreneurial Background). Both these Circles are to be … =========================================================== CONCEPTS DERIVED :- 01. DOMESTIC INVESTMENTS THROUGH DOMESTIC SAVINGS – EXOGENOUS CIRCLE. (INDIVIDUAL / CORPORATE / GOVERNMENT …
Persistent link: https://www.econbiz.de/10005561298